Avior Wealth Management LLC Has $67,000 Stock Holdings in iShares Bitcoin Trust (NASDAQ:IBIT)

Avior Wealth Management LLC decreased its stake in iShares Bitcoin Trust (NASDAQ:IBIT) by 24.4% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,854 shares of the company’s stock after selling 600 shares during the period. Avior Wealth Management LLC’s holdings in iShares Bitcoin Trust were worth $67,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in IBIT. BNP Paribas Financial Markets acquired a new stake in shares of iShares Bitcoin Trust in the first quarter valued at about $42,000. Bessemer Group Inc. acquired a new stake in shares of iShares Bitcoin Trust in the first quarter valued at about $65,000. Toronto Dominion Bank acquired a new stake in shares of iShares Bitcoin Trust in the first quarter valued at about $121,000. Lazard Asset Management LLC acquired a new stake in shares of iShares Bitcoin Trust in the first quarter valued at about $59,000. Finally, SVB Wealth LLC acquired a new stake in iShares Bitcoin Trust during the first quarter worth approximately $1,265,000.

iShares Bitcoin Trust Stock Up 1.1 %

NASDAQ IBIT opened at $56.49 on Monday. The business has a 50 day simple moving average of $40.50 and a 200 day simple moving average of $37.43. iShares Bitcoin Trust has a one year low of $22.02 and a one year high of $56.86.

iShares Bitcoin Trust Profile

The IShares Bitcoin Trust Registered (IBIT) is an exchange-traded fund that mostly invests in long btc, short usd currency. The fund is a passively managed fund that seeks to track the spot price of Bitcoin. IBIT was launched on Jan 5, 2024 and is issued by BlackRock.